What is your experience level in working with CI or CIP?

How to Answer
Entry Level
Experience

CI or CIP stands for Capital improvement or Capital Improvement Process. This is a project the company is investing in and generally its over $5000. All costs and expenses are reported on the spreadsheet until the asset is put into service. Provide the definition in your own words and an example.

"CI or CIP stands for Capital improvement or Capital Improvement Process. Basically, a capital improvement is performed to boost an asset's condition beyond its original or current state. Examples can include adding an addition to a building, purchasing new equipment, upgrading to energy efficient lighting, or any other major, value-adding improvements."

"CI or CIP stands for Capital improvement or Capital Improvement Process. Capital projects are major repairs, replacements and upgrades, which require larger - and not always planned-for - outlays of time, effort and expense. Most of the projects are over $5000. Capital expenditures can include the purchase of new or updated equipment, updating of electrical, OSHA and safety requirements, etc."

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How to Answer: What is your experience level in working with CI or CIP?

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28. What is your experience level in working with CI or CIP?

How to Answer

CI or CIP stands for Capital improvement or Capital Improvement Process. This is a project the company is investing in and generally its over $5000. All costs and expenses are reported on the spreadsheet until the asset is put into service. Provide the definition in your own words and an example.

Entry Level

"CI or CIP stands for Capital improvement or Capital Improvement Process. Basically, a capital improvement is performed to boost an asset's condition beyond its original or current state. Examples can include adding an addition to a building, purchasing new equipment, upgrading to energy efficient lighting, or any other major, value-adding improvements."

Experience

"CI or CIP stands for Capital improvement or Capital Improvement Process. Capital projects are major repairs, replacements and upgrades, which require larger - and not always planned-for - outlays of time, effort and expense. Most of the projects are over $5000. Capital expenditures can include the purchase of new or updated equipment, updating of electrical, OSHA and safety requirements, etc."

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